PCNBX
Mutual_fundPutnam Convertible Securities F
$23.40
+23.40 (+0.00%)
Open
N/A
Day Range
N/A
52W Range
$21.72 - $23.75
Volume
N/A
Price History
About Putnam Convertible Securities F
The fund invests mainly in convertible securities of U.S. companies. Convertible securities combine the investment characteristics of bonds and common stocks. Under normal circumstances, it invests at least 80% of the fund's net assets in convertible securities. Convertible securities include bonds, preferred stocks and other instruments that can be converted into or exchanged for common stock or equivalent value. A significant portion of the convertible securities are below-investment-grade.